Abstract

The standard of living is in a direct connection to the availability and quality of the energy delivered, and therefore the electric power system presents the backbone for the development of a modern human society. While balancing between the economical and environmental issues, the transmission system operators are coping to maintain the power system stability and integrity. Furthermore, emerging trends such as the integration of intermittent renewable energy sources, electro mobility and the establishing of energy market introduce additional uncertainties and make the power system operation even more complex. The latter has been manifested though the large power system blackouts that have occurred worldwide. However, there has been a shift of attention and funding towards the development and deployment of technologies which would enable the evolutionary transfer of the existing power system towards the intelligent grid - Smart Grid. The synchronized measurement technology (SMT) has already been recognized as one of the key drivers in the building of modern power systems. The various Wide Area Monitoring, Protection And Control (WAMPAC) applications and System Integrity Protection Schemes (SIPS) are issue of this paper that provides a wide overview of the benefits gained by applying the SMT to monitor the operating conditions in the transmission power systems.

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